Peer Participation Agreement & Payment Responsibility Policy

1. Purpose

This agreement outlines the responsibilities, expectations, and financial obligations required for individuals (“Peers”) participating in the Peer Program. It also defines the consequences for late or unpaid invoices, as established in the Peer Delinquency Policy.

2. Acceptance of Terms

By joining the Peer Program, the participant acknowledges and agrees to:

Comply with all operational, financial, and communication requirements of the program.

Maintain timely payment of all invoices issued for participation, services, equipment, or related program costs.

Accept the consequences outlined in the Peer Delinquency Policy if payment obligations are not met.

3. Invoice and Payment Requirements

Peer invoices are issued weekly and are due by end of day each Friday.

Payment must be submitted no later than the following Monday to remain in good standing.

Timely payment is a mandatory condition of continued participation in the Peer Program.

4. Peer Responsibility

All peers agree to:

Monitor their invoices and ensure payments are made on time.

Maintain updated payment methods and communication channels.

Respond promptly to staff outreach regarding payment issues or discrepancies.

Understand that failure to pay on time triggers automatic enforcement actions.

Assume full responsibility for any closed, restricted, or non‑functional bank accounts, including accounts that block or reject payments due to being non‑crypto‑friendly.

This includes ensuring that their financial institution supports the required payment methods.

Any failed, returned, or blocked payments resulting from bank limitations remain the peer’s responsibility and do not exempt them from payment deadlines or consequences.

5. Consequences for Late or Unpaid Invoices

The following consequences apply as outlined in the Peer Delinquency Policy:

5.1 Removal from Peer Program

A peer will be removed from the Peer Program if:

An invoice issued by Friday remains unpaid by the end of the following Monday.

Removal is immediate and remains in effect until all outstanding balances are paid in full.

5.2 Extended Non‑Payment Consequences

If an invoice remains unpaid for two (2) consecutive months:

The individual will be removed from the Affiliate Program.

Hash deductions will begin and continue until the outstanding balance is fully satisfied.

5.3 Reversal of Discounts and Additional Fees

In cases of delinquency:

The 5% discount previously applied will be added back to the total owed.

Convenience fees for staff time, administrative efforts, and collection attempts will be

added to the outstanding balance.

6. Reinstatement Requirements

To regain access to the Peer or Affiliate Programs after removal, the individual must:

Pay all outstanding invoices in full, including reinstated discounts and convenience fees.

Complete any required reactivation steps or compliance confirmations.

7. Acknowledgment

By participating in the Peer Program, the individual confirms that they:

Have read and understand this agreement.

Accept full responsibility for timely payment.

Agree to all consequences outlined in the Peer Delinquency Policy.

Understand that continued participation is contingent upon ongoing compliance.